Thursday Midnight Opinions - MST - 7/24/2025

[ronscarpa]

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 

 

 

7-24-2025  Frank26   All of the bank stories...have evolved from the very beginning of last year, 'It's a scam.'  They've evolved to the point of... devastatingly good...[Reply to bank story with Chase] They treated you with respect. They didn't say it was a scam.  They told you they're getting ready.  They don't know when...It's no secret.  Everybody knows, it's all over the place. I don't believe that Chase story - I bank at Chase and have significant holdings ... Nothing..!

 

7-24-2025  Clare  Article: “Iraq is approaching Trump's table and is no longer in the hands of the US Undersecretary of State." Quote: "An Iraqi expert said that the US Secretary of State's call today with Prime Minister Mohammed al-Sudani regarding the Popular Mobilization Forces and Kurdistan's salaries indicates that Iraq is no longer a secondary issue in the hands of the deputy minister or a lower-level official.  It is likely to become a clear priority for President Trump himself, following changes affecting the region's economy, oil, and security."

 

7-24-2025  Walkingstick  [Iraqi banking friend Aki update] WALKINGSTICK: Question  "Do you have the new exchange rate?" AKI: No, I don't see the new exchange rate yet but my boss has it in Iraq.  I will receive it when it's time for me to get it. WALKINGSTICK: They're talking an awful lot about the exchange rate. AKI: Yes, we talk about it a lot here too.  We believe IMO it may come out between $2.00 and $3.00.

 

7-24-2025  Sandy Ingram  If BlackRock were to publicly support or encourage Iraq to revalue its currency, the Iraqi dinar, it could have some pretty significant ripple effect...While BlackRock itself doesn't have any formal authority over a sovereign nation's currency policy, its global influence as the world's largest asset manager [$11 trillion] means...such a statement would carry enormous weight in financial markets.  Markets would likely interpret BlackRock's position as a signal that Iraq's economy is stabilizing or that major investors expect future growth.  This could spark a surge in demand for the dinar especially among speculative investors who are hoping to profit from a revaluation...If BlackRock backed a dinar revaluation it wouldn't directly cause it, but it would likely accelerate the conversation, impact global investor sentiment and put political and economic pressure on Baghdad to act.

 

7-24-2025  Fnu Lnu  Article: "The Iraqi Cabinet, headed by Prime Minister Mohammed Shia Al-Sudani, held an emergency session on Thursday and issued a series of binding decisions regarding oil production and financial coordination with the Kurdistan Regional Government (KRG)."  The HCL gets a few inches closer to the finish line. Positive news for us as many believe the HCL is some sort of lynch-pin for the RV. Personally, I do not subscribe to such a conflation.

 

7-24-2025  Frank26  It used to be the Iraqi dinar reform was in the hand of the Iranian politicians and that made me sick to my stomach. The gap between the market rate.

 

7-24-2025  MarkZ  The rate has not changed yet. The official rate is still around 1300 to $1 USD. Many of my sources still believe the rate will be around $3.80 to $4.00 .. We will see. 

 

7-24-2025  Clare  Article: "Kurdistan Finance announces receipt of salaries of the region's employees for the month of May" Finally..!

 

 

[Luigi1]

Frank26   All of the bank stories...have evolved from the very beginning of last year, 'It's a scam.'  They've evolved to the point of... devastatingly good...[Reply to bank story with Chase] They treated you with respect. They didn't say it was a scam.  They told you they're getting ready.  They don't know when...It's no secret.  Everybody knows, it's all over the place. I don't believe that Chase story - I bank at Chase and have significant holdings ... Nothing..!

 

 

Lest we forget...F26 is The undisputable KING of the bank stories...

[NWGUY]

Awwww....it has been a long time since we got rate predictions.   I thought Frankie was a touch high at 2-3 dollars, but Zman wins at 3.80 - 4 dollars!  Wow...I am ready!   

[Luigi1]

7 minutes ago, NWGUY said:

Awwww....it has been a long time since we got rate predictions.   I thought Frankie was a touch high at 2-3 dollars, but Zman wins at 3.80 - 4 dollars!  Wow...I am ready!   

 

Bruce The Goose tops that...$40 if you ask for the special Bruce The Goose, Yellow Dragon, Madam Wu, China Fortune Cookie, Special Projects, Redemption Center, Boomer's Boost, Contract rates.

 

Any questions...refer personally & directly to the Goose...IGHO (in Goose humble opinion).